Investment property in Bronte has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.75%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bronte has increased when compared to the 5 year average annual rate.
Property investors should expect to get $1225 weekly from the median priced house in this suburb.
Property value increases in Bronte have tracked higher than the NSW average of 8.39% over the last 12 months.
Bronte,2024 was ranked 211 in Australia by increase in median property value over the quarter.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 2.87%, without taking into account capital value appreciation, which has been averaging out at 10.73%.